Auto Warranty Companies Fight For Your Business
car warranty - The world of auto warranty companies is really a fiercely competitive one. There are a limited variety of cars on the road - granted, there are millions of them, and every one of them, at some time or still, has or enjoyed a warranty - but with the multitude of companies fighting for that business of these drivers, it indicates that every car owner is the target of some very hungry sales reps.
This is definitely a daunting position to remain for a car owner. Regardless if you are investing in a new car from a dealership, or investing in a used car, you will have people promoting you their warranty services.
Inside the dealership, you may come across a pushy sales person who can try everything they could to help you get to sign on for the extended warranty when you make your initial purchase. There are benefits to buying at that time, including obtaining the costs in the warranty rolled up to the financing for the car, and realizing that your dealership will continue being the spot to get any repairs or replacements done. However, these comforts might end up costing you hundreds or thousands of dollars in the long run. Sales agents make large commissions on warranties, so they're eager to get you to sign up for one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you should pay more up-front with those third-party companies, instead of adding a tiny number in your monthly car payment bills. However it would likely save you money.
But simply as not all the car sales person is out to rip you off, its not all third-party providers are excellent guys, either. The terms and conditions of the warranties they offer, although there are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors. Don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road, if a company won't let you review the warranty before you buy. Auto warranty companies will fight to achieve you as being a client, so use that to your advantage. Compare costs, look at all of the terms of the warranties offered, and tell the companies you speak with “hey, make me the very best offer.” If they can't, someone else will.